
4597 Acushnet Ave, New Bedford, Massachusetts
PROJECT OVERVIEW
The 4597 Acushnet Avenue project consists of the development of 10 townhouse residential units located in New Bedford, Massachusetts.
The project was structured to meet consistent demand for family-oriented housing within a regional market supported by solid fundamentals, accessible pricing, and liquidity in the mid-market residential segment.
STRATEGIC OVERVIEW
The development combines key characteristics designed to support operational efficiency, market absorption, and predictable exit potential:
• Efficient scale with 10 residential units
• High-demand product type: 3-bedroom townhouses
• Competitive construction cost structure
• Target audience composed of local families and financed buyers
• Product aligned with the predominant buyer profile in the region
The project strategy focuses on balancing construction efficiency, sales velocity, and competitive positioning within the Massachusetts residential market.
PROJECT SPECIFICATIONS
Residential Units
10 units
Unit Type
Townhouse layouts
Bedroom Mix
3 bedrooms per unit
Bathroom Mix
2 full bathrooms + 1 half bathroom per unit
Private Living Area
Approximately 1,400 to 1,600 SF per unit
Total Building Area
Approximately 8,207 SF
MARKET - NEW BEDFORD, MA
New Bedford presents favorable fundamentals for family-oriented residential developments:
• Gradual residential market growth
• Consistent demand for family housing
• Sustainable real estate appreciation
• Strong cost-benefit positioning compared to primary Greater Boston markets
• Regional market with more accessible pricing and consistent liquidity
The project’s regional positioning allows it to capture buyers seeking access to the Massachusetts housing market at a more attainable price point compared to the Greater Boston area.
INVESTMENT THESIS
The 4597 Acushnet Avenue project is positioned as an efficient multifamily development designed to offer:
• Moderate and controlled risk profile
• Active buyer market
• Optimized cost structure
• Consistent appreciation potential
• Exposure to a resilient regional housing market
The project seeks to balance operational predictability, execution efficiency, and long-term value creation within a residential segment supported by stable demand fundamentals.
Land Cost
$315,000
Construction Cost
$2,800,000
Carrying Cost
$347,634
Closing Costs
$270,000
Sale
$4,500,000
Projected Profit
$767,366
Pre-Construction & Permitting
2/21/2026
Demolition & Site Preparation
Foundation & Concrete Structure
Wood Frame Structure
Roofing, Windows & Exterior Enclosure
MEP Installations (Electrical, Plumbing & HVAC)
Interior Finishes
Sale / Exit